BaronAlexander vonStieglitz (Russian:Александр Людвигович Штиглиц; 1814–1884) was aRussian Jewish financier. He was the first governor of theState Bank of the Russian Empire, the predecessor organization to today'sCentral Bank of the Russian Federation.[1]
Stieglitz was born inSaint Petersburg to banker BaronLudwig von Stieglitz, who was a founder of the banking-house "Stieglitz and Co". After completing his education at theUniversity of Dorpat in what is nowTartu, Estonia, he entered the state services as a member of the Manufacture council of theMinistry of Finances of the Russian Empire.
After the death of his father, Stieglitz inherited the banking-house and succeeded as a banker of the Emperor. In 1840–1850, he successfully sold six 4% government loans to finance the construction of theMoscow – Saint Petersburg Railway and secured a significant foreign loan at the height of theCrimean War. Stieglitz also owned manufacturing enterprises inNarva and inCatherinehof.
In 1846, Stieglitz was elected the chairman of the Exchange's committee. At that post, he took part in all financial operation of theGovernment of the Russian Empire. In 1857, he co-founded the Society of the Russian Railways. In 1860, Stieglitz liquidated all his commercial enterprises and voluntarily withdrew from the post of the chairman of the Exchange's committee.
On 31 May 1860, EmperorAlexander II established the State Bank of the Russian Empire and Stieglitz became its first governor. In 1866, he left the state service.
In 1878, he donated funds to build amuseum of applied arts for the benefit of students of theCentral School of Technical Drawing, which had been established by him earlier.
Stieglitz received numerous awards, including theOrder of St. Stanislav of the 3rd degree, theOrder of St. Vladimir of the 4th degree and theOrder of St. Anna of the 2nd degree.
Government offices | ||
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New office | Governor of theState Bank of the Russian Empire 1860–1866 | Succeeded by |